Riverview Financial Corporation Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2016
January 26, 2017 at 08:16 pm IST
Riverview Financial Corporation reported consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the fourth quarter, the company has posted net interest income of $4,483,000 against $3,990,000 a year ago. Income before income taxes was $612,000 against loss of $807,000 a year ago. Net income was $488,000 or $0.15 basic and diluted per share against net loss of $406,000 or $0.15 basic and diluted per share a year ago. Book value was $12.95 against $13.20 a year ago. ROE was 4.50% against negative ROE of 4.36% a year ago. ROA was 0.36% against negative ROA of 0.35% a year ago.
For the year, the company has posted net interest income of $18,164,000 against $15,182,000 a year ago. Income before income taxes was $4,029,000 against loss of $1,904,000 a year ago. Net income was $3,067,000 or $0.95 basic and diluted per share against net loss of $754,000 or $0.28 basic and diluted per share a year ago.